Barclays PLC Buys 18,730 Shares of Sterling Bancorp (NASDAQ:SBT)

Barclays PLC grew its position in Sterling Bancorp (NASDAQ:SBT) by 206.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,819 shares of the company’s stock after purchasing an additional 18,730 shares during the period. Barclays PLC’s holdings in Sterling Bancorp were worth $126,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SBT. Dimensional Fund Advisors LP lifted its stake in Sterling Bancorp by 8.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 895,976 shares of the company’s stock valued at $4,685,000 after acquiring an additional 66,148 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Sterling Bancorp by 9.8% during the 3rd quarter. Geode Capital Management LLC now owns 451,150 shares of the company’s stock worth $2,053,000 after purchasing an additional 40,414 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in Sterling Bancorp by 5.0% during the second quarter. Renaissance Technologies LLC now owns 229,474 shares of the company’s stock worth $1,200,000 after purchasing an additional 11,000 shares during the period. 26.37% of the stock is owned by institutional investors and hedge funds.

Sterling Bancorp Stock Up 0.2 %

Shares of NASDAQ SBT opened at $4.72 on Friday. Sterling Bancorp has a twelve month low of $4.40 and a twelve month high of $5.97. The company has a market cap of $246.90 million, a PE ratio of 36.31 and a beta of 0.54. The business’s 50 day moving average price is $4.78 and its two-hundred day moving average price is $5.05.

Sterling Bancorp Company Profile

Sterling Bancorp, Inc is a unitary thrift holding company. Its wholly owned subsidiary, Sterling Bank and Trust, F.S.B., has primary branch operations in San Francisco and Los Angeles, California and New York City, and a loan production office in Seattle, Washington. Sterling offers a broad range of loan products to the residential and commercial markets, as well as retail and business banking services.